Residual Liabilities definition

Residual Liabilities means all of the liabilities and other obligations of Fording existing after completion of the steps comprising the Plan of Arrangement, including all unpaid Transaction Expenses;

Residual Liabilities means any Liability whether or not governed by the laws of theUnited Kingdom and whether or not situated, domiciled or prestable in Scotland:

Residual Liabilities means any Liability under or in connection with the Transferring Policies and Residual Policies and in connection with the Transferring Assets and Residual Assets:

Examples of Residual Liabilities in a sentence

• The Transferred Assets, Residual Assets, Transferred Liabilities and Residual Liabilities shall be allocated in accordance with Part D of this Scheme.

• The Transferor shall be subject to the Transferee’s directions in respect of any Residual Assets and the Transferee shall discharge on the Transferor’s behalf or, failing that, indemnify the Transferor against all Residual Liabilities.

• The Transferred Assets, Residual Assets, Transferred Liabilities and Residual Liabilities shall be allocated in accordance with Part D.

• Any judgement, settlement, order or award obtained by or against the Transferor to the extent that it is in connection with the Residual Assets or the Residual Liabilities and which is not fully satisfied before the Subsequent Transfer Date shall, on and with effect from the Subsequent Transfer Date, become enforceable by or against the Transferee to the exclusion of the Transferor.

• No Residual Assets or Residual Liabilities shall be transferred to or vested in the Transferee under or by virtue of the terms of the Scheme at the Scheme Effective Date.

More Definitions of Residual Liabilities

Residual Liabilities is defined in Section 10.06 or Section 11.07, as applicable.

Residual Liabilities means in relation to the Transferring Business:

Residual Liabilities has the meaning given to it in the Separation Agreement; “Residual Perimeter” has the meaning given to it in the Separation Agreement;

Residual Liabilities means all liabilities of the GCP Group excluding the Scape Liabilities and the iQ Liabilities;

Residual Liabilities means all liabilities of the GCP Group in the Agreed Proportion reasonably identified by the Sellers’ Guarantor and the Purchaser to transfer in light of the relevant principles in the Separation Agreement, provided that any cash liabilities or any liabilities that can be settled for cash or cash equivalent, any iQ Liabilities and any Scape Liabilities are excluded;

Residual Liabilities means all liabilities, costs and expenses arising from events, omissions, facts or circumstances that occur or come into existence from and after the date of Final Adjustment that have not become due and payable by the Agent or either of the Participants as of the end of the Delayed Retirement Plan. Residual Liabilities do not include liabilities, costs or expenses to the extent arising out of (a) one or more violations of environmental Laws that occurred, and were known to the Participants and to relevant Governmental Authorities, prior to the end of the Delayed Retirement Plan, or (b) unresolved claims by third parties that were asserted or threatened in writing prior to the end of the Delayed Retirement Plan.

Residual Liabilities means the aggregate liabilities of FEL as on the Effective Date, immediately prior to the effectiveness of Part IV and Part V of this Scheme less the sum of (a) the Transferred Logistics & Warehousing Liabilities; and (b) the Transferred Retail & Wholesale Liabilities;